Oil production to fall in major oil plays in US and Oklahoma


Oil production from the nation’s major oil producing areas, including the Anadarkao Basin and the Permian Basin, is expected to decline in the coming months according to a new federal government report.

The Anadarko’s daily production is forecast to fall from 436,000 barrels a day to 434,000 barrels daily by September. The production in the Permian Basin, based on the report by the U.S. Energy Information Administration, is forecast to drop from 5,812,000 barrels a day to 5,799,000 barrels a day.

Production in the Eagle Ford play of South Texas is also forecast to decline in September.

While predicting a drop in total oil production, the EIA forecast that new wells in the Anadarko and Permian Basins will see a slight increase in their daily oil ouput.